BTC Potential Bearish Wave Count..Might still have a 4th and 5th
BTC closed wave 1, had a .382 retracment for the close of wave 2, had an extended 3rd that hit an exact 2.618 ext. of wave 1. At this stage I am anticipating a .382 retracement of wave 3 for the close of wave 4. That should put us in the 8,040 vicinity. If wave 4 has a 50% retracement of 3, that would put us in the 8110 vicinity before continuing on for the close of wave 5.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.